The USGA will pay the city $2.5 million in rent for the golf course and parking lots, up from the $500,000 fee that San Diego received from the 2008 U.S. Open, according to the proposal presented on Monday. The city also will get 20 percent of corporate hospitality sales.

Among the costs to San Diego would be an estimated $300,000 to $500,000 to build player and practice facilities.

"This is a tremendous opportunity for our great city," Mayor Kevin Faulconer said as he encouraged the council to accept the proposal, according to The San Diego Union-Tribune[4]. And in their comments before the vote, council members lauded the improved financial deal the city will receive.

City Golf Manager Mark Marney said he didn't anticipate significant changes to the South Course for the U.S. Open, though he said there would be discussions with the USGA about how to make sure the course played differently than it does each year for the PGA Tour's Farmers Insurance Open.

Marney also indicated that the renovation to the North Course will take place as planned, starting after the 2015 Farmers Insurance Open. The North Course again will serve as a hospitality area and parking lot during the Open, but Marney said he hoped the renovation would allow it to be put back into playing shape much faster this time than after 2008.

The 2021 U.S. Open would be just the third contested in Southern California. The other, aside from 2008, was the 1948 U.S. Open at Riviera Country Club in Los Angeles. Tiger Woods won his third U.S. Open and 14th career major at Torrey Pines when the U.S. Open was first played on the public course in 2008.